Business
Happy Creek provides update on fieldwork at Highland Valley, B.C.
(via TheNewswire) July 20 th , 2018 / TheNewswire / Vancouver, British Columbia. H...
About this update from Fox Tungsten Ltd.
[{"type":"text","content":"Happy Creek provides update on fieldwork at Highland Valley, B.C.(via TheNewswire)\n \n \nJuly 20th, 2018 / TheNewswire / Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the \"Company\") is performing geological mapping on its 100% owned, 244 square km Rateria and West Valley properties in the highland Valley, B.C.. Over the past 6 weeks, this mapping has focused on the Rateria property and located many old trenches, mineralized prospects and other outcrops uncovered by recent logging operations. As over 90% of the property is covered by glacial till, data from any visible bedrock is important. The geological focus was to identify the specific rock types, structures, alteration and mineralization present and merge the data with subsurface information from geophysics and historical drilling. This is generating a large-scale property-wide perspective for prioritizing exploration for new porphyry copper deposits. \n\n \n \nThe program has so far, returned two main findings. More felsic, younger phases of the Guichon batholith extend much further east onto the Rateria property than historical regional maps indicate. Further, favorable geology and copper showings occur in several large-scale corridors that extend through the property. Tourmaline and sericite hydrothermal breccia containing bornite in the cement occurs in one of the areas that remains untested by drilling. Having the favorable geology and identifying batholith-scale structures containing copper showings is thought to increase the potential for the development of large scale porphyry systems. \n\n \n \nDavid Blann, P.Eng., President of Happy Creek Minerals states: \"Our discovery of Zone 1 and 2 along with the current 244 square km of mineral tenure has provided the experience and opportunity in conducting a larger-scale view of exploration. With the progress in unravelling this prospective geology and success to date, we are optimistic that the discovery of another big deposit is achievable.\"\n\n \n \nAbout the Rateria and West Valley property\n\n \n \nThe Rateria and West Valley mineral property are contiguous and total approximately 244 square kilometres that adjoin and surround the southern side of the Teck Resources' Highland Valley Copper property, Canada's largest base metal mine. The property is underlain predominantly by the Guichon bathol...